The Asian Journal of Law and Economics (AJLE) publishes high quality research in law and economics, both theoretical and empirical. The journal pays special attention to the economic aspect of laws in Asian countries. Although the editors are particularly interested in legal issues that originally occurred in Asia, they welcome submissions on any relevant subject from any region without prejudice. The analysis of court cases or legal proposals is also welcome. Innovative insights rather than mere fact-findings or technical extensions are preferred. The journal will be of interest to economists, legal scholars, legal practitioners and government officials. Subjects covered include property law, contract law, tort law, criminal law, antitrust law, corporate law, labor law, environmental law, international law, tax law, bankruptcy law, family law, administrative law, constitution, legal procedure, law enforcement, political economy, and comparative law, and more. AJLE is edited by leading members of the Asian Law and Economics Association, founded in 2005, and is the official publication of that organization.